A few weeks ago, we bought shares of MGP Ingredients. We bought shares on the day November 25, and wrote an article on Seeking Alpha on December 29. Since then, the stock has jumped from $19.555 (where we bought shares) to the current $24.38. Short thesis on MGP: it's undervalued because the market does not know about its liquor business. The company distills dozens of small batch whiskeys and gins. The cat seems to be out of the bag and the stock has popped. It still only trades at a PE of 15. Compare this to Diageo and Pernod Ricard. It's cheap. The company has a market cap of $390 million. It's a small cap but not tiny. If the stock traded at a PE of 20, it would be getting close in price to peers. The grain business has not done bad either. See my article on Seeking Alpha.